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The Office of the Vice President (OVP) has received an unmodified opinion from the Commission on Audit (COA) for calendar year 2025, marking the fourth consecutive year that the agency has obtained the highest possible audit rating.
According to COA’s Annual Audit Report for 2025, the OVP’s financial statements were fairly presented in all material respects and complied with applicable accounting and financial reporting standards.
The report confirmed that the agency’s financial position as of December 31, 2025, along with its financial performance, cash flows, changes in net assets or equity, and budget execution reports, were properly and accurately reflected.In its statement, the OVP highlighted that it achieved a 92.
32% budget utilization rate for its 2025 appropriations under the General Appropriations Act, indicating that a significant portion of its allocated funds was effectively used during the fiscal year.
The COA clarified that an unmodified or unqualified opinion is issued when auditors determine that an agency’s financial statements are free from material misstatements and are prepared in accordance with the required standards.
The OVP also noted that this is the fourth straight year it has received the same clean audit result under the administration of Vice President Sara Duterte.
The COA, as the constitutional body responsible for auditing government agencies, continues to ensure transparency and accountability in public fund management.
The report comes amid ongoing public attention to government spending and audit findings, reinforcing the importance of proper financial reporting and compliance with audit standards in state institutions.
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